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Topic	One thing I still don't understand about this whole gamestop saga
StartTheMachine 01/31/21 1:57:20 PM #8:	azuarc posted... It's not that the price of a stock goes up just because we say it does and then suddenly everyone with shares has a more valuable portfolio. At least, I hope not. But it certainly doesn't feel like a zero-sum process. This is exactly what it is. The more people buy, a stock goes up, the more people sell, a stock goes down. With the billionaire class owning more wealth than they ever have before, so much of the stock market is just billionaires throwing their money at stuff. Guess it's just never been exposed to the masses until the biggest bull market ever happened last year while Covid ravaged the economy, and GME short squeezed to infinity and beyond. --- - Blur - Welcome to your Divinity. <cite>StartTheMachine posted [p:950123043] in One thing ... [t:79269861]...</cite> <quote>azuarc posted... </cite> <quote>It's not that the price of a stock goes up just because we say it does and then suddenly everyone with shares has a more valuable portfolio. At least, I hope not. But it certainly doesn't feel like a zero-sum process.</quote> This is exactly what it is. The more people buy, a stock goes up, the more people sell, a stock goes down. With the billionaire class owning more wealth than they ever have before, so much of the stock market is just billionaires throwing their money at stuff. Guess it's just never been exposed to the masses until the biggest bull market ever happened last year while Covid ravaged the economy, and GME short squeezed to infinity and beyond. --- - Blur - Welcome to your Divinity.</quote> ... Copied to Clipboard!
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